The Samsung Pay service announced the termination of work with the Russian payment system “Mir”. Adding and using her cards in the application will not be available from April 3. This is stated in the company's official statement.
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What is known
“At the same time, the functionality of adding and using club cards/loyalty cards in the Samsung Pay application will work without changes,” says the company’s official statement.
In addition, all previously added “World” cards will be removed from the application ” Paying for travel on public transport using Samsung Pay will also not be available (it was still possible to pay through the application in the Moscow metro; in addition, there was the possibility of issuing a virtual Troika card).
Remember
< p>The South Korean company Samsung stopped official deliveries of its goods to Russia and stopped the production of household appliances in the country after the start of the war in Ukraine.
In February, the Mir operator – the National Payment Card System (NSCP) – came under blocking US sanctions . The rationale was that it helps Russia bypass existing restrictions and maintain connections with the international financial system. Now cooperation with NSPK threatens with secondary sanctions those organizations that decide to maintain it.
NSPK was created in 2014 after the imposition of sanctions for the annexation of Crimea in the event of problems with international payment systems. 100% of the company belongs to the Bank of Russia.
After US sanctions, large banks in a number of countries refused to work with Mir cards. For example, this was done by the banks of Armenia, as well as the Kazakh Bereke Bank and Freedom Finance. In addition, the Chinese payment system UnionPay took action: MIR-UnionPay co-branded cards stopped working outside Russia.